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As Amazon grows, so does its eye on consumers

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From what you buy online, to how you remember tasks, to when you monitor your doorstep, Amazon is seemingly everywhere.

And it appears the company doesn’t want to halt its reach anytime soon. In recent weeks, Amazon has said it will spend billions of dollars in two gigantic acquisitions that, if approved, will broaden its ever growing presence in the lives of consumers.

The company is targeting two areas: health care, through its $3.9 billion buyout of the primary care company One Medical, and the “smart home,” where it plans to expand its already mighty presence through a $1.7 billion merger with iRobot, the maker of the popular robotic Roomba vacuum.

 

Source: AP – All contents copyright 2022 Associated Press.  All rights reserved.

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